Associate - CIB Credit - Power & Renewables, TD Securities

TD • New York, NY

3d

About The Position

TD Securities provides a wide range of capital market products and services to corporate, government and institutional clients. The firm works with clients around the world, focusing selectively and strategically on the key financial centers: New York, Houston, Toronto, Vancouver, Calgary, Montreal, Dublin, Tokyo, Singapore and London. Corporate & Investment Banking provides a full range of financial advisory and capital-raising services to corporate and institutional clients on transactions with a North American component. We work closely with our clients to understand their needs. Then we work as an integrated team to bring unique solutions to our clients, we excel at building long-term relationships and executing flawlessly. Investment Banking is organized into areas of expertise: product, regional and industry. Each area is critical to ensuring our clients receive the right strategic advice and the capital they need to realize their objectives. TD Securities is one of the most active North American dealers in Debt and Equity products. CIB Credit is our team of in-house credit assessment professionals. Our team is involved in the origination of business and responsible for the structuring, analysis, risk assessment and ongoing monitoring of borrowers in the Power & Renewables industry.

Requirements

• 3-5 years of relevant credit and industry experience with a combination of strong financial/analytical skills and excellent verbal and written communication abilities
• Bachelor's degree in Finance or Accounting
• Strong financial/analytical skills, knowledge of MS Excel required
• Well-organized and detail oriented
• Ability to work under pressure with tight deadlines and establish priorities with minimal supervision
• Proactive and highly motivated
• Successful candidates must have the capacity to become adept at financial modeling and be able to work effectively in a team
• Enthusiasm for renewable energy and the clean energy transition

Responsibilities

• Being involved with the structuring of new credit transactions, preparation of credit applications, providing support related to client development, and supporting transaction execution
• Prepare and recommend credit submissions including new business, annual and interim client reviews
• Conduct appropriate market, industry, and client research and risk analysis
• Work closely with Investment Banking, and other product groups, including Leveraged Finance, Debt Capital Markets, Equity Capital Markets, Derivatives, Cash Management and Foreign Exchange to ensure that cross sell opportunities are being developed and captured
• Assist Loan Syndications in preparing materials and providing information to lenders in the syndicate
• Develop and maintain solid and effective working relationships with clients, internal and external business partners, and credit adjudicators
• Generally leads a team focused on credit risks on assigned reviews and generally assumes the lead position on the review, providing supervision and assignments to team members as Auditor In Charge as well as reviewing work papers completed by staff and drafting report
• Completes loan reviews directly which involves reviewing assigned loans from a spreadsheet; seek out underwriting errors and/or process concerns; report findings or that there are no findings; mark loan as reviewed/completed and generated report
• Responsible for time and staffing budgets for upcoming reviews
• Plans reviews
• Responsible for contact with management regarding scope, status, and findings
• Works at direction of Audit Manager
• Performs testing procedures for more critical areas of reviews
• Provides on-the-job training for staff
• Supervises findings follow up tasks with management and staff
• Is a subject matter expert in at least one area of discipline
• Works independently but receives assistance/coaching from the manager
• Participates and/or leads assigned special projects
• Provides feedback on staff performance on a project basis
• Updates, revises, and improves existing review procedures and programs
• Adds value through consultative interactions with business line management

Benefits

• Total Rewards at TD includes base salary and variable compensation/incentive awards (e.g., eligibility for cash and/or equity incentive awards, generally through participation in an incentive plan) and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off (including Vacation PTO, Flex PTO, and Holiday PTO), banking benefits and discounts, career development, and reward and recognition.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees